[palmer]

If we returned to a gold backed dollar, do you think we could find enough new gold each year to expand the money supply enough to prevent deflation?

From wikipedia, there's 155,000 tonnes mined ever and 2500 tonnes mined per year. But a more meaningful comparison might be the 8133 tonnes in official U.S. holdings and 252 tonnes mined in the U.S. each year which is 3% growth.

[Toddsterpatriot]

But a more meaningful comparison might be the 8133 tonnes in official U.S. holdings

If those are metric tonnes, that'd be about 286,883,116.7 ounces. At Friday's close of around $626, that's about $179,588,831,054. Do you think that'd be enough money supply for our economy?